Gold Sells Off Sharply after Fed Taper Decision
December 19, 2013 at 15:23 PM EST
On Thursday, gold fell more than 1 percent to trade below $1,200 an ounce for the first time since June 28. The selloff came after the Federal Reserve's decision on Wednesday to take its first steps to reduce the stimulus program, which helped to drive the precious metal's price higher. FOMC
